Karura is a "canary network" for Acala an early unaudited release of the code that is available first and holds real economic value.
No promise, and expect chaos.
Karura’s all-in-one DeFi hub of Kusama to give you a taste on the decentralized swap, borrow, lend, earn, and more – all with micro gas fees.
Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.
For developers, Karura is a proving ground for protocol upgrades, experiment with new DeFi protocols, and on-chain governance.
Kusama is Polkadot’s canary network – a multi-chain network for radical innovation. By launching on Kusama, Karura can push the limits of what’s possible, giving the Acala Foundation team a place to launch bold new financial innovations. Karura will access Kusama’s plug-and-play security while enjoying high-capacity processing speeds, micro-gas fees, and interoperability between multiple networks, all ultimately bridged to Polkadot.